The Real Estate Market | Summit County July 2022
Market Update: New Construction comprises 70% of the Pending Inventory across Summit County
Pending Properties! The above chart shows how many resale properties vs. new construction are currently under contract. New Construction is a massive 70% of the pending inventory! Most of the new construction that is under contract is on the North Side of the County. The chart above does not contain Uptown 240 and Smith Ranch employee developments.
Just now there were 447 active listings. The same day in 2019 there were 709. Last week the county gained 39 new listings. 500 or more by August 1 seems likely.
Please contact me at 970.333.8297 to schedule a showing at this beautiful residence, today.
Interested in more information about the local area or do you have questions about Summit County real estate? Contact Taryn Brooke at: 970.333.8297 or firstname.lastname@example.org.